A Family Corporation is a good idea if you will continually get along ok with your family. 

Then you need to obtain commercial financing (in my layman’s opinion, don’t give a mortgage in your personal name since that just screws with your corporate veil).

But, have you spoken to a qualified professional about your LLC's corporate veil? 

In a nutshell, the theory goes that back in 1945, a sinister corporation called National City Lines took over the railway system.

When credit dried up, many players (usually arrogant corporations) with profitable properties had to resort to bankruptcy protection because of cash flow shortages.

To file online, simply log-in to the Corporations Online Filing System using the following link: www.michigan.gov/corpfileonline.

Situation: 3 years ago, when we did our first fix n flip my partners and I supplied the down payment and seeing that we still had our corporate jobs we used bank financing to fund the rest of the deal and repair costs.

You have to look past the vacation side, look to corporate and business and insurance and relocation business.

I just retired from the corporate world and have 10 SFH rented, but trying to add more cash flow since I just left a nice income.  

And it most certainly emphasizes that as corporations, agents, and investors we should not target investment opportunities on a discriminatory basis.